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Gauthier sees railway partnerships developing with Watco

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Chief Jason Gauthier calls the sale of CN Railway to Watco a win-win.
He’s had a sit down with Watco’s brass and has provided a brief history about the Missanabie Cree First Nation, its position in Canada and how the traditional territory is connected to the rail line.
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Gauthier sees railway partnerships developing with Watco Back to video
Just as important, Gauthier has talked about the Missanabie Cree’s desire to run a passenger rail service between Sault Ste. Marie and Oba. It also wants to continue to explore and develop other opportunities that could be developed along the way. ....

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Rusk County rails part of CN track purchase

A major freight rail carrier and a logistics company have reached an agreement for the sale of key rail lines, including 650 miles of track in Wisconsin and upper Michigan
CN will sell to Watco its non-core lines and assets on the Soo subdivision. This includes about 250 miles of track that runs from Sault Ste. Marie, Ontario to Oba, Ontario and about 650 miles of branch lines of Wisconsin Central Ltd. in Wisconsin and Michigan. This marks the successful conclusion of the sale process that CN announced and launched in July of 2020.
Not all lines the company uses here would be sold, according a map of the affected assets provided by CN. The map shows the sale includes rarely used Rusk County tracks from Tony west to Goodman in Marinette County. CN will retain its track between Ladysmith and Tony. ....

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Watco announces purchase of additional rail lines

Watco announces purchase of additional rail lines
Special to the Morning Sun / [email protected]
PITTSBURG, Kan. Watco announced the signing of an agreement Wednesday with Canadian National Railway subsidiaries Wisconsin Central Ltd. and Algoma Central Railway Inc. to purchase some of the companies’ rail assets.
“Watco’s relationship continues to grow and flourish with Canadian National as we work together to provide the best value-added services to rail shippers in North America,” Watco Chief Executive Officer Dan Smith said in a press release. “This announcement is an extremely important and exciting next step in this relationship, and we look forward to serving these crucial customers and expanding our footprint in the Upper Midwest and Canada.” ....

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CN Reaches Deal to Sell 650 Miles of Railroad Track in Northern Wisconsin and the U.P. to WATCO

CN Reaches Deal to Sell 650 Miles of Railroad Track in Northern Wisconsin and the U.P. to WATCO
wxpr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wxpr.org Daily Mail and Mail on Sunday newspapers.

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BREAKING: CN line sold to Watco

BREAKING: CN line sold to Watco
thesudburystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesudburystar.com Daily Mail and Mail on Sunday newspapers.

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